1.

Record Nr.

UNINA9910141520203321

Autore

Schwager Jack D. <1948->

Titolo

Market sense and nonsense [[electronic resource] ] : how the markets really work (and how they don't) / / Jack D. Schwager

Pubbl/distr/stampa

Hoboken, N.J., : Wiley, c2013

ISBN

1-119-20390-2

1-283-71515-5

1-118-50934-X

1-118-52316-4

Edizione

[1st edition]

Descrizione fisica

1 online resource (366 p.)

Disciplina

332.6

Soggetti

Investment analysis

Risk management

Investments

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

pt. 1. Markets, return, and risk -- pt. 2. Hedge funds as an investment -- pt. 3. Portfolio matters.

Sommario/riassunto

Bestselling author, Jack Schwager, challenges the assumptions at the core of investment theory and practice and exposes common investor mistakes, missteps, myths, and misreads  When it comes to investment models and theories of how markets work, convenience usually trumps reality. The simple fact is that many revered investment theories and market models are flatly wrong-that is, if we insist that they work in the real world. Unfounded assumptions, erroneous theories, unrealistic models, cognitive biases, emotional foibles, and unsubstantiated beliefs all combine to lead investors astray-prof